Royalty Analyst

Job description

Hachette Book Group is seeking a talented Royalty Analyst to support our Finance team! The Royalty Analyst is responsible for reviewing all new contracts acquired by Hachette Book Group that fall into their imprint assignments and inputting the relevant payment and royalty information into the royalty system. They are responsible for all contractual author advance payments, reviewing cycle royalty statements, and ensuring timely and accurate reporting. In addition, they will respond to our author and agent partners concerning royalty inquiries, which requires exceptional customer service skills. The ideal candidate will have strong communication skills, as they will need to work closely with departments all over the company, including editorial, contracts, and accounts payable. In total, the royalty department is responsible for approximately 18,000 agreements, and payouts totaling over $100 million annually. This position will report to a Royalty Manager. Essential Duties and Responsibilities Maintain royalty and contractual information in royalty system Track and pay contractual obligations to authors Review tax documents to ensure appropriate tax withholding for foreign payees Investigate contractual discrepancies Validate monthly financial data for month-end general ledger reporting Assist in monthly financial close process Review and process cycle royalties to ensure accuracy and timely payment Resolve inquiries from editorial, contracts, accounts payable, sales, and other departments Respond to Authors and Agents concerning advance and royalty queries Monthly review of active ISBNs for new products to be entered into royalty system Monthly review of scanned documents for contractual changes and payee/address updates Review and enter semiannual intercompany sales data from UK sister companies Assist our subrights accountant as needed Assist the Royalty Director and other team members Research and analyze data as needed Knowledge, Skills, and Abilities Required: 1-2 years’ experience in an accounting/financial position College Degree preferred Ability to analyze and interpret contracts Proficiency in Excel and ability to grasp new systems and procedures quickly and accurately Strong communication skills (verbal and written) in both individual and group settings regardless of audience Excellent customer service skills Effective problem solving and research skills Must be results driven and take appropriate steps to achieve goals while taking ownership of situations as needed Excellent organizational skills with the ability to multi-task, prioritize and manage time effectively while also ensuring accuracy of work through attention to detail This role is based in our New York office or Boston, MA office. Employees are expected to work on-site three days per week in accordance with our hybrid work model. Candidates must be able to reliably commute to the office. Please submit a resume and cover letter to be considered for this position. The compensation for this position is $55,500 for the New York Office and $51,100 for the Boston Office. Salary can vary based on a number of factors including skills, experience, and location — talk with your recruiter to learn more. There may be times that you will be required (or requested) to work overtime due to the nature of your role or exceptional workload issues or special projects. As a leading book publisher, we believe that including and representing diverse voices in all aspects of our business is fundamental to what we do. Our publishing programs must reflect the broad range of backgrounds, experiences, political views and ideas that shape our society and publish books for all readers. Hachette Book Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. The following benefits are offered by the company: medical, dental, vision, basic and supplemental life, short-term and long-term disability, accidental death and dismemberment, critical illness, hospital indemnity, long-term care, health and dependent care FSA, commuter benefit plan, employee assistance program, tuition reimbursement, travel assistance, 401(k), discretionary bonus program, PTO (15 vacation days, 3 personal days, 10 holidays and generous sick leave) and group discounts on auto and home insurance and legal services. Eligibility requirements apply to some benefits and may depend on your job classification, hours worked and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. The mission of Hachette Book Group is to make it easy for everyone to discover new worlds of ideas, learning, entertainment, and opportunity. Hachette Book Group (HBG) is a leading US general-interest book publisher made up of dozens of esteemed imprints within the publishing groups Basic Books Group; Grand Central Publishing Group; Hachette Audio; Little, Brown and Company; Little, Brown Books for Young Readers; Orbit; and Workman Running Press Group. We also provide custom distribution, fulfillment, and sales services to other publishing companies.